-The United Nations To mark World Water Day, the United Nations is highlighting the key role that water and energy play in economic development and the eradication of poverty worldwide, and calling for strong measures to ensure their efficient and equitable use. In his message for the Day, focused this year on the interdependence between the management of water and energy, Secretary-General Ban Ki-moon noted that "they interact with each other...
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Electric van rickshaws mooted to replace polluting ones -Subhro Niyogi
-The Times of India KOLKATA: The climate adaptation wing of WWF-India is currently working on a pilot project to transform van rickshaws, a highly polluting and illegal commuter and goods carrier popularly used in semi-urban and rural Bengal, into an environment-friendly and legitimate mode of Transport. "We are working towards a viable alternative to the mechanized van rickshaws that currently run on diesel and kerosene and are extremely polluting. Battery operated...
More »Election spending to push up GDP numbers by 0.3%
-The Indian Express Candidates are expected to spend up to R11,000 crore collectively Election spending by candidates and the state machinery for the upcoming General Elections is expected to bring about only a marginal rise in the GDP growth of the world's largest democracy. Poll expenditure, which is estimated to touch Rs 11,000 crore by candidates in the country's 543 Lok Sabha constituencies could increase the country's gross domestic product by about...
More »Monthly WPI inflation stood at 4.68% in February
-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...
More »Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
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